All Retail Week UAT articles in December 2022 – Page 4
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NewsRoger Whiteside to take on senior non-exec role on Card Factory board
Former Greggs chief executive Roger Whiteside is taking on a senior non-executive role on the board of Card Factory.
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NewsMorrisons strikes warehouse sale and leaseback deal for £220m
Morrisons is said to have entered a sale and leaseback deal to accelerate the rollout of its convenience store format.
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NewsCash retail payments halved last year as ecommerce sales soared
Cash accounted for just 15% of all transactions in 2021, the latest figures from the British Retail Consortium (BRC) have revealed.
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NewsIn the Style launches strategic review as it swings to loss
Fashion brand In the Style has launched a strategic review of the business after its chief executive stood down and the business swung to a loss.
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NewsFrasers Group profits and sales surge on the back of acquisitions
Frasers Group’s profits and revenues have soared, driven by the retailer’s new brand acquisition strategy, disposal of some assets and the continued growth of Flannels.
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DataRanking: The UK’s busiest retail websites on Black Friday 2022
Retail Week’s ranking of the UK’s busiest Black Friday sites reveals another reserved year for what was once one of the busiest weekends of retail’s promotional calendar
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NewsExclusive: Fat Face profitability returns to pre-pandemic levels
Fashion retailer Fat Face’s pre-tax profits jumped following a record sales performance last year that helped profitability return to pre-pandemic levels.
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NewsQuiz swings to profit as sales rebound post-pandemic
Quiz has swung back into the black as sales rebounded in its stores, concessions and online following the disruption of the pandemic.
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NewsMoonpig lowers sales forecasts amid ‘challenging’ pre-Christmas trading
Moonpig has reduced its full-year sales forecasts after turbulent trading conditions hit its top line.
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NewsExclusive: The Body Shop executive Linda Campbell steps down
The Body Shop’s global retail director Linda Campbell has stepped down from the business with immediate effect, Retail Week has learned.
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NewsFenwick sells Bond Street store to fund return to profitable growth
Department store group Fenwick is to leave central London after selling its Bond Street branch to provide the fresh capital investment needed to restore profitable growth.
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NewsGreggs expands outlet chain as it seeks to cut food waste
Food-on-the-go specialist Greggs has opened the 30th store of its outlet chain, which enables it to minimise waste while contributing to deprived communities.
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NewsAsda to create 10,000 new jobs with rollout of 300 Express stores
Asda is accelerating its push into the convenience store market in the UK with plans to open 300 Express stores over the next four years, creating 10,000 new jobs in the process.
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DataGrocery price inflation still at record high despite first drop in nearly two years
Grocery inflation was still at a near-record high in November, despite prices dipping slightly for the first time in 21 months.
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NewsVery Group launches AR feature allowing app users to try makeup virtually
The Very Group has launched in-app augmented reality features that allow customers to try out new cosmetics products digitally.
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AnalysisHow to break free of a harmful promotional cycle
Shoppers love promotions – they capture new customers, get lapsed ones excited again and, crucially, can have an immediate and overwhelming impact on sales.
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Report StoreCrisis and the consumer
Half of consumers plan to spend less this Christmas and 40% are looking to spend the same as last year, a major new research report from Retail Week reveals.
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AnalysisResearch: Christmas in crisis – and what to do about it
Half of shoppers might be planning to spend less this Christmas, but with the right strategy retailers can still come out on top, finds Retail Week’s new report
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NewsCoats, hot water bottles and hooded blankets help warm up retail sales
Black Friday bargains helped retail sales climb by more than 4% in November, according to the latest BRC-KPMG Retail Sales Monitor.